2015 pricing brochure

Back to contents pageAbsa Bank Ltd Reg No 1986/004794/06 Authorised Financial Services Provider Registered Credit Provider Reg No NCRCP7

Choose the pricing option that suits you best2015 Pricing Guide

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How transaction fees workIn short, you pay either a fixed fee or a sliding scale fee, sometimes called ad valorem.

An example of how a fixed fee works is that when you perform account payments at an Absa ATM, youll pay a fixed fee per transaction, whether you pay R100,00 or R1 000.

With a sliding scale fee, you pay a base fee for the transaction itself plus a fee based on the value of the transaction. An example is the ATM cash withdrawal on a current account. There is a R3,95 base fee for the transaction plus a R1,30 fee per R100,00 withdrawn, which means a R500,00 cash withdrawal will cost you R10,45 (R3,95 + 5 x R1,30).

Pricing options at a glanceTo get the most out of your banking, choose the product and pricing option that best suits your needs and your pocket. As your needs change, re-look your options. When choosing a transactional account, you can choose between various pricing options.

1. Pay-as-you-transact This is the standard fee pricing option, where you are

charged a Standard Fee for every transaction you make.

2. Value Bundle You pay an affordable, fixed monthly fee from as little

as R49,00 per month for a set number of transactions as part of your Value Bundle. On the Gold and Platinum Value Bundle, unused transactions roll over to the next month. Various value-added services are included.

3. Prepaid With this pricing option, an upfront fee is charged

for all credits into the account. No fees are charged for transactions performed on Absas infrastructure.

Disclaimer: Fees quoted in this brochure are valid from 1 January 2015. Unless otherwise stated, fees include 14% VAT and are subject to change.

Absa Bank is entitled, immediately and without notice, for each product or service offered to individual clients, to change the fees and costs to fees and costs that apply to the same and similar business products and services offered to business clients if there is evidence that an individual product or service is used for business purposes, or used in any way that is not allowed by the product terms or conditions. This may also result in clients having to pay additional fees and costs, or even the termination of the product or service.

E&OE

Get more. Prosper.

4. Rebate Banking You will not pay banking fees on certain transactions

if you keep a set minimum balance in your account throughout the month.

5. EasyFee EasyFee is a management fee option where you

pay a monthly fee based on the number of selected transactions you do each month. It offers you different pricing options to choose from, each with a set number of selected transactions. Once youve used all your set transactions youre charged a single fee per selected transaction and no out-of-bundle penalty fees.

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Contents

Page 3 | Pricing Guide

Basic Banking Transact 5

Daily Banking Flexi Account 8 Flexi Value Bundle 10 Full-value Banking Gold Current Account Pay-as-you-transact 11 Platinum Current Account Pay-as-you-transact 11 Gold Value Bundle 14 Platinum Value Bundle 14 Youth Banking Mega U 16

Student Banking Student Silver 19

Seniors Banking Flexi Account Seniors offering 20 Prosperity 23

Islamic Banking Islamic Youth 24 Islamic Savings 27 Islamic Current Account Value Bundles 30

Savings and Investments TruSave 32 Depositor Plus 32 Club Account 32 Money Market Fund 34

Credit Cards Transact Credit, Gold, Titanium, Platinum 36

Home Loans 38

International Banking 39

Other offerings Prepaid Debit Card 41 Pay-as-you-transact: 43 Absa Current Account, Student Silver, Prosperity,

and Islamic Current Account OneTouch 46 Safe custody 47 Cellphone Banking Lite 47

Frequently asked questions 48


Transactional offerings

Product offerings Pricing plansBasic Banking Transact Pay-as-you-transact

Daily Banking Flexi Account Pay-as-you-transact Value Bundle

Full-value Banking Gold Account Pay-as-you-transact Value BundlePlatinum Account Pay-as-you-transact Value Bundle

Youth Banking Mega U Pay-as-you-transactStudent Banking Student Silver EasyFee

Seniors BankingFlexi Account Rebate BankingProsperity Rebate Banking

Islamic BankingIslamic Youth Pay-as-you-transactIslamic Savings Pay-as-you-transactIslamic Current Account Pay-as-you-transact Value Bundle

Savings and Investments

TruSave Pay-as-you-transactDepositor Plus Pay-as-you-transactClub Account Pay-as-you-transactMoney Market Fund Pay-as-you-transact

Credit Cards Standard FeeHome Loans Standard FeeInternational Banking Standard Fee

Other offerings

Prepaid Debit Card Prepaid

Current Accounts: Absa Current Account Student Silver Prosperity Islamic Current Account

Pay-as-you-transact

OneTouch Standard Fee

Safe custody Standard FeeCellphone Banking Lite Standard Fee


Basic BankingTransactA card-based account that gives you access to the largest ATM network in the country and the convenience of 24/7 access to your money. No opening balance or minimum balance is required. This product allows for full electronic banking functionality including Internet Banking, Cellphone Banking, Telephone Banking and Absa ATMs. Qualifying clients can apply for a loan via an Absa ATM.

Tip: Choose the right product that gives you what you need and suits your budget, so you dont pay for benefits you never use or need.


TransactMonthly feesMonthly administration fee R4,75Monthly subscription fees Internet, Cellphone, Telephone Banking No chargeDeposits Cheque deposit: Branch counter R16,00Cheque deposit: Absa ATM No chargeCash deposit: Branch counter R7,00 + R1,45/R100Cash deposit: Absa ATM R3,00 + R1,30/R100Cardless cash deposit: Cash acceptor R5,25 + R1,45/R100Cash withdrawals Branch counter R40,00 + R1,50/R100Absa ATM R4,45Point of sale (POS) R1,15Absa-supported ATM R4,45Saswitch ATM / Post Office terminal R7,20Overseas ATM / POS(1) R50,00Purchases

Prepaid top-up at Absa ATM, POS, Internet, Cellphone, Telephone (IVR) R1,05POS local No chargePOS overseas R9,75 + R0,75/R100 (max. R45)Account payments and funds transfersAccount payments Branch counter Absa ATM Internet Cellphone Telephone (IVR) Telephone Adviser-assisted

R40,00R3,00R1,50R1,50R7,50R14,50


TransactAccount payments and funds transfersImmediate interbank payment Internet, Cellphone, Telephone (IVR) Telephone Adviser-assisted

R11,00 + R1,30/R100 (max. R65)R18,00 + R1,30/R100 (max. R65)

Debit and stop orders Internal debit orders External debit orders Stop orders

No chargeR3,00No charge

Funds transfers Absa ATM, Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

No chargeR40,00R7,00

CashSend Absa ATM, Cellphone, Internet

R7,99

Balance enquiries Branch counter R3,35Absa ATM No chargePOS No chargeAbsa-supported ATM No chargeSaswitch ATM / Post Office terminal R4,00Internet, Cellphone, Telephone (IVR) No chargeTelephone Adviser-assisted R3,35Statement fees Absa ATM ministatement R4,00Absa CAT terminal full statement R8,00Branch counter full statement R16,00Mailed statement R16,00eStatement(2) No chargeTransaction history Enquiry Internet, Cellphone, Telephone (IVR)(3)

Enquiry Telephone Adviser-assisted(3)

No chargeR16,00

Archived statements / Tax certificate Internet R5,50 per statementCopies of statements (per statement) Less than 4 months old 4 months or older

R16,00R40,00

Administration feesBank cheque R80,00Stop payments Branch, Internet, Telephone Adviser-assisted R30,00Stop order establishment / amendment fee Branch, Internet, Telephone Adviser-assisted No chargeSpecial clearance R80,00Debit Card replacement fee R80,00


TransactOther feesNotification fee (SMS or email) R0,55Dishonoured / Returned payment No chargeNotice of payment (Internet, Cellphone, Telephone) SMS | Email | Fax R0,80 | R0,80 | R6,50Internet Banking notifications (includes RVN, TVN, logon alert) SMS | Email No chargeDeclined fee (insufficient funds)(4) No chargeReturned cheque deposit No charge

Notes:1. Cash withdrawals performed at Global Alliance partners: R35,00.

2. Clients can register for eStatements by logging on to Internet Banking and clicking on the Portfolio menu bar and then on eStatements, or via Telephone Banking or by sending their request to [email protected]

3. An additional fee of R2,00 is applicable if request is emailed or R6,50 for fax.

4. Includes the following: Absa ATM, Absa-supported ATM, Saswitch ATM, Post Office, Overseas ATM and POS.


Daily BankingFlexi Account The Flexi Account is a full-service transactional account. This account gives you full access to all our channels, such as Internet and Cellphone Banking, and is ideally suited to clients who earn a regular monthly income.

Key benefits associated with this account include free funeral cover for clients aged between 18 and 65 years, Personal Health Advisor, Legal Assist, Discounted Doctors Network and Missing Assist. Please note that terms and conditions apply.

Flexi AccountMonthly feesMonthly administration fee R15,00Monthly subscription fees Internet, Cellphone, Telephone Banking No chargeDeposits Cheque deposit: Branch counter R16,00Cheque deposit: Absa ATM No chargeCash deposit: Branch counter R7,00 + R1,45/R100Cash deposit: Absa ATM R3,00 + R1,30/R100Cardless cash deposit: Cash acceptor R5,25 + R1,45/R100Cash withdrawals Branch counter R40,00 + R1,50/R100Absa ATM R3,95 + R1,30/R100Point of sale (POS) R3,95Absa-supported ATM R6,95 + R1,30/R100Saswitch ATM / Post Office terminal R9,95 + R1,30/R100Overseas ATM / POS(1) R50,00Purchases Prepaid top-up at Absa ATM, POS, Internet, Cellphone, Telephone (IVR) R1,05POS local R2,65POS overseas R9,75 + R0,75/R100 (max. R45)Account payments and funds transfersAccount payments Absa ATM, Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

R7,50R40,00R14,50

Immediate interbank payment Internet, Cellphone, Telephone (IVR) Telephone Adviser-assisted

R11,00 + R1,30/R100 (max. R65)R18,00 + R1,30/R100 (max. R65)





CashSend Absa ATM, Internet, Cellphone R7,90 + R1,30/R100


Flexi AccountBalance enquiriesBranch counter R3,35Absa ATM R1,50POS R1,00Absa-supported ATM R3,35Saswitch ATM / Post Office terminal R4,00Overseas ATM / POS R4,00Internet, Cellphone, Telephone (IVR) No chargeTelephone Adviser-assisted R3,35Statement feesAbsa ATM ministatement R4,00Absa CAT terminal full statement R8,00Full statement: Branch counter R16,00Mailed statement R16,00eStatement(2) No chargeTransaction history Enquiry Internet, Cellphone, Telephone (IVR)(3)

Enquiry Telephone Adviser-assisted(3)No chargeR16,00


R16,00R40,00

Administration feesBank cheque R80,00Stop payments Branch, Internet, Telephone Adviser-assisted R30,00Stop order establishment / amendment fee Branch, Internet, Telephone Adviser-assisted No chargeSpecial clearance R80,00Debit Card replacement fee R80,00Other feesNotification fee (SMS or email) R0,55Dishonoured / returned payment R5,00Notice of payment (Internet, Cellphone, Telephone) SMS | Email | Fax R0,80 | R0,80 | R6,50Internet Banking notifications (includes RVN, TVN, logon alert) SMS | Email No chargeDeclined fee (insufficient funds)(4) R5,00Returned cheque deposit R80,00






All other transactions not included in the above list or where transactions are on specific limits, will be charged at Pay-as-you-transact fees as applied on Gold Current Account as per pricing table on page 11.

Flexi Value BundleMonthly feesMonthly service fees R49,00Monthly subscription fees Internet, Cellphone, Telephone Banking No chargeTransactions includedCash withdrawals Absa ATM 3Debit card purchases and withdrawals Debit and cheque card purchases Point of sale (POS) cash withdrawals

8

Electronic account and beneficiary payments Account payments via Absa ATM, Internet, Cellphone, Telephone (IVR) External debit orders

11

Funds transfers and internal payments Funds transfers via Absa ATM, Internet, Cellphone, Telephone (IVR) Internal debit orders Stop orders

Unlimited

Electronic information enquiries Statement Absa ATM, Internet and Telephone (IVR) Balance enquiries Absa ATM, POS, Internet, Cellphone and Telephone (IVR)

Unlimited

Notification (SMS or email) No chargeeStatement(1) No chargeAdditional featuresFuneral plan R3 000

Notes:1. Clients can register for eStatements by logging on to Internet Banking

and clicking on the Portfolio menu bar and then on eStatements, or via Telephone Banking or by sending their request to [email protected]

Notes:The following Internet, Cellphone and Telephone Banking transactions will generate a separate fee (in addition to the monthly service fee) on Value Bundles: Archived statements Immediate interbank payments Notice of payments (fax, email and SMS) CashSend Tax certificates Stop payments of cheques and debit orders.

Flexi Value Bundle With the Flexi Value Bundle, we offer you a selection of transactions free of charge for a low monthly fee of R49,00.

Key benefits associated with this account include free funeral cover for clients aged between 18 and 65 years, Personal Health Advisor, Legal Assist, Discounted Doctors Network and Missing Assist. Please note that terms and conditions apply.


Full-value BankingGold / Platinum Current Account Pay-as-you-transact With the Pay-as-you-transact (or Standard Fee) pricing option, you only pay for those transactions you use.

Gold / Platinum Current AccountMonthly feesMonthly account fee R33,00Monthly subscription fees Internet, Cellphone, Telephone Banking No chargeDeposits Cheque deposit: Branch counter R16,00Cheque deposit: Absa ATM No chargeCash deposit: Branch counter(FVB) R7,00 + 1,45% of deposit valueCash deposit: Absa ATM R3,00 + R1,30/R100 (or part thereof)Cardless cash deposit: Cash acceptor R5,25 + 1,45% of deposit valueCash withdrawals Branch counter(FVB) R40,00 + R1,50/R100 (max. R750)Absa ATM R3,95 + R1,30/R100Point of sale (POS) R3,95Absa-supported ATM R6,95 + R1,30/R100Saswitch ATM R9,95 + R1,30/R100Overseas ATM / POS(1) R50,00Cheque encashment R40,00 + R1,50/R100 (max. R750)

Plus cheque issued feePurchases Prepaid top-up at Absa ATM, POS, Internet, Cellphone, Telephone (IVR) R1,05POS local R3,85POS overseas R9,75 + R0,75/R100 (max. R45)Account payments and funds transfersAccount payments Absa ATM, Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

R7,50R40,00R14,50


R11,00 + R1,30/R100 (max. R65)R18,00 + R1,30/R100 (max. R65)



Funds transfers Absa ATM, Internet, Cellphone, Telephone (IVR) Branch counter(FVB)

Telephone Adviser-assisted


CashSend Absa ATM, Internet, Cellphone R7,90 + R1,30/R100Cheque issued(2) R40,00


Gold / Platinum Current AccountBalance enquiries Branch counter R3,35Absa ATM R1,50POS R1,00Absa-supported ATM R3,35Saswitch ATM R4,00Overseas ATM / POS R4,00Internet, Cellphone, Telephone (IVR) No chargeTelephone Adviser-assisted R3,35Statement fees Absa ATM ministatement R4,00Absa CAT terminal full statement R8,00Full statement: Branch counter R16,00Mailed statement R16,00eStatement(3) No chargeTransaction history Enquiry Internet, Cellphone, Telephone (IVR)(4)



R16,00R40,00

Administration feesBank cheque / marked cheque R80,00Stop payments Branch, Internet, Telephone Adviser-assisted R30,00Stop order establishment / amendment fee Branch, Internet, Telephone Adviser-assisted No chargeSpecial clearance R80,00Debit Card replacement fee R80,00Cheque Card replacement fee / new card fee R80,00

Other feesNotification fee (SMS or email) R0,55Overdraft ledger fee (pm) For the overdraft provision on your account:

- Overdraft up to R250- Overdraft over R250

If your account goes into unauthorised overdraft / excess


Dishonoured / returned payment or RD cheque(5) R60,00 Notice of payment (Internet, Cellphone, Telephone) SMS | Email | Fax R0,80 | R0,80 | R6,50Internet Banking notifications (includes RVN, TVN, logon alert) SMS | Email No charge


Gold / Platinum Current AccountOther feesDeclined fee (insufficient funds)(6) R5,00Returned cheque deposit R80,00

Notes:(FVB) A R5,00 premium will apply to these transactions for Flexi Value Bundle clients.

1. Cash withdrawals performed at Global Alliance partners: R35,00.

2. Only applicable to accounts that allow cheques to be issued.



5. Increasing to R138,00 per transaction from the 4th occurrence within 12 months. Cheques that are unpaid will be levied a flat fee of R138,00 from the first occurrence.



Gold / Platinum Value Bundles With the Value Bundle pricing option we offer you a selection of transactions for a low monthly fee. When youve used all the transactions in your bundle, you will only pay Pay-as-you-transact fees per transaction as per the pricing table on page 11. Transactions as allocated in your Value Bundle will roll over for one month if not used. You can get up to 30% discount on your monthly fee if you maintain a set positive balance in your account.

Furthermore, if your spouse chooses to take up a Gold or Platinum Value Bundle he/she qualifies for a 50% discount on his/her monthly fee. Your Value Bundle includes monthly cash back into your account if you have a Home Loan, Credit Card or Vehicle Finance with Absa depending on the Value Bundle you are on. You get free subscriptions to NotifyMe, Internet Banking, Telephone Banking and Cellphone Banking.

Gold Value Bundle Platinum Value BundleMonthly feesMonthly service fees R98,00 R149,00Discounted monthly service fee: For maintaining a balance of:

- more than R10 000 = 10% discount; or- more than R20 000 = 20% discount; or- more than R30 000 = 30% discount

R88,20R78,40R68,60

R134,10R119,20R104,30

Monthly subscription fees Internet, Cellphone, Telephone Banking

No charge

No charge

Priority Pass monthly fee (optional)(1) N/A R59,00Transactions includedAbsa ATM cash deposits Cash deposit: Absa ATM Cash deposit: Cash acceptor Cardless cash deposit: Cash acceptor

5 5

Absa ATM cash withdrawals Cash withdrawals Absa ATM

5 7

Debit Card purchases and withdrawals Debit and Cheque Card purchases Point of sale (POS) cash withdrawals

Unlimited Unlimited

Electronic account and beneficiary payments Account payments via Absa ATM, Internet, Cellphone,

Telephone (IVR) External debit orders

Unlimited Unlimited

Funds transfers and internal payments Funds transfers via Absa ATM, Internet,

Cellphone, Telephone (IVR) Internal debit orders Stop orders

Unlimited Unlimited

Electronic information enquiries Statement Absa ATM, Internet and Telephone (IVR) Balance enquiries Absa ATM, POS, Internet, Cellphone

and Telephone (IVR)

Unlimited Unlimited

Notification fee (SMS or email) No charge No chargeeStatement(2) No charge No chargeRoll-over of unutilised transactions(3) 1 month 1 monthTake-me-Home service 6 pa 8 pa


Gold Value Bundle Platinum Value BundleCross-product benefitsCash back for your Credit Card R19,00 R41,00 Cash back for your Home Loan(4) R15,00 R20,00 Cash back for your Vehicle Finance R5,00 R5,00Additional featuresSpouse discount on monthly service fees 50% 50%Lump sum death benefit R15 000 R20 000

All other transactions not included in the above list or transactions done in excess of specific limits, will be charged at Pay-as-you-transact fees as applied on the Gold/Platinum Current Account as per pricing table on page 11.

Notes:1. The first five visits per annum via Priority Pass are included in the monthly

fee. Visits in excess of five will be charged at $33,00 per visit at the exchange rate on the day of billing.

Visit www.prioritypass.com for information on participating lounges. Please remember to keep a personal record of your visits so you know when your free visits have been used as statements are not provided. A fee of R80,00 will apply to Priority Pass card replacements. Priority Pass is for international and domestic lounge access.


3. Unutilised transactions for the current month will be added to the next months transaction limits (i.e. A Gold Value Bundle client who only uses 2 ATM withdrawals will have 8 ATM transactions in the subsequent month).

4. Joint home loans and home loans under the Usury Act are excluded.

Notes:The following Internet, Cellphone and Telephone Banking transactions will generate a separate fee (in addition to the monthly service fee) on Value Bundles: Archived statements Immediate interbank payments Notice of payments (fax, email and SMS) CashSend Tax certificates Stop payments of cheques or debit orders.


Mega UMonthly feesMonthly administration fee No chargeMonthly subscription fees Internet, Cellphone, Telephone Banking No chargeDeposits Cheque deposit: Branch counter R16,00Cheque deposit: Absa ATM No chargeCash deposit: Branch counter No charge if deposit is less than R500.

R7,00 + R1,45/R100 of full deposit if deposit is greater than or equal to R500.

Cash deposit: Absa ATM First R500 at no charge, thereafter R1,30 per R100

Cardless cash deposit: Cash acceptor First R500 at no charge, thereafter R1,45 per R100

Cash withdrawals Branch counter R40,00 + R1,50/R100Absa ATM R4,45Point of sale (POS) R3,95Absa-supported ATM R7,20Saswitch ATM / Post Office terminal R7,20Overseas ATM / POS(1) R50,00Purchases Prepaid top-up at Absa ATM, POS, Internet, Cellphone, Telephone (IVR) R1,05POS local No chargePOS overseas R45,00Account payments and funds transfersAccount payments Absa ATM, Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

R7,50R40,00R14,50


R11,00 + R1,30/R100 (max. R65)R18,00 + R1,30/R100 (max. R65)

Youth BankingMega U Mega U Account is the ideal account to get you started with a bank account. You need to be younger than 18 years of age to qualify. With this account you have the benefit of free debit card purchases, free SMS and email notifications, free Absa ATM balance enquiries and no monthly fee. Youth clients who bank smartly can bank free of charge.


Mega UAccount payments and funds transfersDebit and stop orders Internal debit orders External debit orders Stop orders




CashSend Absa ATM Internet, Cellphone

R7,99R7,90 + R1,30/R100

Balance enquiries Branch counter R3,35Absa ATM No chargePOS R1,00Absa-supported ATM R3,35Saswitch ATM / Post Office terminal R4,00Overseas ATM / POS R4,00Internet, Cellphone, Telephone (IVR) No chargeTelephone Adviser-assisted R3,35Statement fees Absa ATM ministatement R2,00Absa CAT terminal full statement R8,00Full statement: Branch counter R16,00Mailed statement R16,00eStatement(2) No chargeTransaction history Enquiry Internet, Cellphone, Telephone (IVR)(3)



R16,00R40,00

Administration feesBank cheque R80,00Stop payments Branch, Internet, Telephone Adviser-assisted

R30,00

Stop order establishment / amendment fee Branch, Internet, Telephone Adviser-assisted No chargeSpecial clearance R80,00Debit Card replacement fee R80,00


Mega UOther feesNotification fee (SMS or email) No chargeDishonoured / returned payment R5,00Notice of payment (Internet, Cellphone, Telephone) SMS | Email | Fax R0,80 | R0,80 | R6,50Internet Banking notifications (includes RVN, TVN, logon alert) SMS | Email No chargeDeclined fee (insufficient funds)(4) R5,00Returned cheque deposit R80,00






Student Banking

Student SilverEasyFee option Monthly fee Number of transactions included Fee per transaction thereafterOption 1 R17,50 Unlimited N/A

Student Silver A Student Silver Current Account is the most cost-effective way to bank while you are a student. For as little as R17,50 per month, all your day-to-day banking needs are taken care of. A Student Silver Account provides you with unlimited access to Internet and Cellphone Banking as well as our ATM network, providing you with convenient and affordable access to your finances wherever you are.

EasyFeeThe default pricing option on Student Silver is the EasyFee pricing option. With this option you can perform an unlimited number of selected transactions through our self-service channels for a fixed fee of R17,50 per month.

For Student Silver, there are no monthly subscription fees for NotifyMe and Internet, Cellphone and Telephone Banking. Most fees for transactions performed on these channels are included in the monthly service fee. Charges will be levied for immediate interbank payments, notice of payments or reminders, archived statements and tax certificates.

Transactions catered for in EasyFee The monthly fee includes any combination of the following day-to-day transactions performed on any electronic channel (Absa ATM, Internet/Cellphone/Telephone Banking (IVR)): Absa ATM cash withdrawals Absa ATM cash deposits Absa ATM balance enquiries and ministatements CashSend at an Absa ATM Electronic funds transfers Account payments Point-of-sale purchases and cash withdrawals (local) Debit orders and stop orders

All other transactions not included in the above list (e.g. Saswitch transactions, branch counter transactions) will be charged for at the Standard Fee as reflected on the Pay-as-you-transact pricing table on page 43. For Student Silver, monthly mailed statements and eStatements(1) are free of charge.

Note

1. Clients can register for eStatements by logging onto Internet Banking and clicking on the Portfolio menu bar and then on eStatements, or via Telephone Banking or by sending their request to [email protected]


Flexi Account (Seniors)Pricing optionsSeniors Rebate Banking(1) minimum balance R5 000Monthly feesMonthly administration fee R15,00Monthly subscription fees Internet, Cellphone, Telephone Banking No chargeDepositsCheque deposit: Branch counter R16,00Cheque deposit: Absa ATM No chargeCash deposit: Branch counter R7,00 + R1,45/R100Cash deposit: Absa ATM R3,00 + R1,30/R100Cardless cash deposit: Cash acceptor R5,25 + R1,45/R100Cash withdrawalsBranch counter R40,00 + R1,50/R100Absa ATM R3,95 + R1,30/R100Point of sale (POS) R3,95Absa-supported ATM R6,95 + R1,30/R100Saswitch ATM / Post Office terminal R9,95 + R1,30/R100Overseas ATM / POS(2) R50,00PurchasesPrepaid top-up at Absa ATM, POS, Internet, Cellphone, Telephone (IVR) R1,05POS local R2,65POS overseas R9,75 + R0,75/R100 (max. R45)Account payments and funds transfersAccount payments Absa ATM Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

R7,50R7,50R40,00R14,50


R11,00 + R1,30/R100 (max. R65)R18,00 + R1,30/R100 (max. R65)



Seniors BankingFlexi Account Seniors offering


Flexi Account (Seniors)Account payments and funds transfersFunds transfers Absa ATM Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

No chargeNo chargeR40,00R7,00


R7,90 + R1,30/R100R7,90 + R1,30/R100

Balance enquiriesBranch counter R3,35Absa ATM R1,50POS R1,00Absa-supported ATM R3,35Saswitch ATM / Post Office terminal R4,00Overseas ATM / POS R4,00Internet, Cellphone, Telephone (IVR) No chargeTelephone Adviser-assisted R3,35

Statement feesAbsa ATM ministatement R4,00Absa CAT terminal full statement R8,00Full statement: Branch counter R16,00Mailed statement R16,00eStatement(3) No chargeTransaction history Enquiry Internet, Cellphone, Telephone (IVR)(4)



R16,00R40,00



Flexi Account (Seniors)Other feesNotification fee (SMS or email) R0,55

Dishonoured / returned payment R5,00Notice of payment (Internet, Cellphone, Telephone) SMS | Email | Fax R0,80 | R0,80 | R6,50Internet Banking notifications (includes RVN, TVN, logon alert) SMS | Email No chargeDeclined fee (insufficient funds)(5) R5,00Returned cheque deposit R80,00

Notes:1. Fees shaded indicate that no charge will be levied on this transaction when the minimum monthly account balance of R5 000 is maintained throughout

the month. This option is only available to our senior clients (aged 55 or over).






Rebate BankingMinimum monthly account balance N/AMaximum rebate amount R500,00No minimum balance is needed to be maintained in the account. However, one of the following investments must be maintained with Absa in order to qualify for rebates: 12-month (or longer) fixed deposit 12- to 18-month bonus deposit Linked rate deposit MoneyBuilder Money Market Fund Investment Advantage Depositor Plus TruSave Notice Select

R15 000 R15 000 R15 000 R15 000R20 000 R20 000 R20 000R15 000R20 000

Prosperity The Prosperity Account is one of the most affordable ways to bank if you are 55 years and older and earn more than R2 000 per month. If you can afford to invest R15 000 or more you have access to the Prosperity Rebate Banking option, where you receive up to R500,00 per month of daily banking transactions free of charge. As a Prosperity client, you also qualify for additional interest rate benefits on a selection of our investment accounts.

Tip: With the Rebate option you pay no banking fees on certain transactions if you maintain a set minimum balance in your investment account. All other transactions not included under Rebate Banking will be charged at the standard Pay-as-you-transact fee pricing as per the pricing table on page 43.

In addition to rebates on the current account, Prosperity clients will benefit from a concession on most transactional charges on Internet, Telephone and Cellphone Banking. Charges will be levied for immediate interbank payments, notice of payments or reminders, archived statements, CashSend and tax certificates.

All other transactions not included in the above list (e.g. Saswitch transactions) will be charged at Pay-as-you-transact fees as applied on current accounts as per pricing table on page 43.

Transactions exempt with Rebate BankingTransaction typesMonthly fees PurchasesMonthly account fee Prepaid top-up:

Absa ATM / POSDepositsCheque deposit: Branch counter / Absa ATM POS localCash deposit: Branch counter / Absa ATM Funds transfersCash withdrawals Branch counterBranch counter Absa ATMAbsa ATM Balance enquiriesPoint of sale (POS) local Absa ATMAccount payments Statement fees Absa ATM Branch counter

Absa ATM ministatementOther fees

Debit orders and stop orders Internal debit orders External debit orders Stop orders

Notification fee (SMS or email)Cheque encashmentCheques issuedChequebooks (20, 30, carbon, 40)


Islamic YouthMonthly feesMonthly administration fee No chargeMonthly subscription fees Internet, Cellphone, Telephone Banking No chargeDeposits Cheque deposit: Branch counter R16,00Cheque deposit: Absa ATM No chargeCash deposit: Branch counter No charge if deposit is less than R500.

R7,00 + R1,45/R100 of full deposit if deposit is greater than or equal to R500.

Cash deposit: Absa ATM First R500 at no charge, thereafter R1,30 per R100

Cardless cash deposit: Cash acceptor First R500 at no charge, thereafter R1,45 per R100

Cash withdrawals Branch counter R40,00 + R1,50/R100Absa ATM R4,45Point of sale (POS) R3,95Absa-supported ATM R7,20Saswitch ATM / Post Office terminal R7,20Overseas ATM / POS(1) R50,00Purchases Prepaid top-up at Absa ATM, POS, Internet, Cellphone, Telephone (IVR) R1,05POS local No chargePOS overseas R45,00Account payments and funds transfersAccount payments Absa ATM, Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

R7,50R40,00R14,50


R11,00 + R1,30/R100 (max. R65)R18,00 + R1,30/R100 (max. R65)

Islamic BankingIslamic Youth An Islamic Youth Account is the ideal account to get you started with a bank account. You need to be younger than 18 years of age to qualify.

With this account you have the benefit of free debit card purchases, free SMS and email notifications, free Absa ATM balance enquiries and no monthly fee. Youth clients who bank smartly can bank free of charge.


Islamic YouthAccount payments and funds transfersDebit and stop orders Internal debit orders External debit orders Stop orders





R7,99R7,90 + R1,30/R100

Balance enquiries Branch counter R3,35Absa ATM No chargePOS R1,00Absa-supported ATM R3,35Saswitch ATM / Post Office terminal R4,00Overseas ATM / POS R4,00Internet, Cellphone, Telephone (IVR) No chargeTelephone Adviser-assisted R3,35Statement fees Absa ATM ministatement R2,00Absa CAT terminal full statement R8,00Full statement: Branch counter R16,00Mailed statement R16,00eStatement(2) No chargeTransaction history Enquiry Internet, Cellphone, Telephone (IVR)(3)



R16,00R40,00



Islamic YouthOther feesNotification fee (SMS or email) No chargeDishonoured / returned payment R5,00Notice of payment (Internet, Cellphone, Telephone) SMS | Email | Fax R0,80 | R0,80 | R6,50Internet Banking notifications (includes RVN, TVN, logon alert) SMS | Email No chargeDeclined fee (insufficient funds)(4) R5,00Returned cheque deposit R80,00






Islamic SavingsPricing optionsStandard Fee

Rebate Banking(1) minimum balance R15 000

Monthly feesMonthly administration fee R18,00

Monthly subscription fees Internet, Cellphone, Telephone Banking No charge

Deposits Cheque deposit: Branch counter R16,00

Cheque deposit: Absa ATM No charge

Cash deposit: Branch counter R7,00 + R1,45/R100

Cash deposit: Absa ATM R3,00 + R1,30/R100

Cardless cash deposit: Cash acceptor R5,25 + R1,45/R100

Cash withdrawals Branch counter R40,00 + R1,50/R100 (max. R750)Absa ATM R3,95 + R1,30/R100Point of sale (POS) R3,95Absa-supported ATM R6,95 + R1,30/R100Saswitch ATM / Post Office terminal R9,95 + R1,30/R100Overseas ATM / POS(2) R50,00

Purchases Prepaid top-up at Absa ATM, POS, Internet, Cellphone, Telephone (IVR) R1,05

POS local R3,85

POS overseas R9,75 + R0,75/R100 (max. R45)

Account payments and funds transfersAccount payments Absa ATM Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

R7,50R7,50R40,00R14,50

Immediate interbank payments Internet, Cellphone, Telephone (IVR) Telephone Adviser-assisted

R11,00 + R1,30/R100 (max. R65)R18,00 + R1,30/R100 (max. R65)



Islamic Savings This is a Shariah compliant transactional savings account that provides you with a pre-agreed profit share payout and a card that you can use to access your funds at any time via ATMs or Absa branches. There is no minimum or maximum investment period.

You can do all types of electronic payments and transfer transactions, and if you have R15 000 or more in your account, certain transaction fees will be waived. A minimum initial deposit of R50,00 is required to open the account and a minimum balance of R50,00 must be maintained.


Islamic SavingsAccount payments and funds transfersFunds transfers Absa ATM Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

No chargeNo chargeR40,00R7,00


R7,90 + R1,30/R100R7,90 + R1,30/R100

Balance enquiries Branch counter R3,35Absa ATM R1,50POS R1,00Absa-supported ATM R3,35Saswitch ATM / Post Office terminal R4,00 Overseas ATM / POS R4,00Internet, Cellphone, Telephone (IVR) No chargeTelephone Adviser-assisted R3,35Statement fees Absa ATM ministatement R4,00Absa CAT terminal full statement R8,00Full statement: Branch counter R16,00Mailed statement R16,00eStatement(3) No chargeTransaction history Enquiry Internet, Cellphone, Telephone (IVR)(4)



R16,00R40,00



Islamic SavingsOther feesNotification fee (SMS or email) R0,55Dishonoured / Returned payment R5,00Notice of payment (Internet, Cellphone, Telephone) SMS | Email | Fax R0,80 | R0,80 | R6,50Internet Banking notifications (includes RVN, TVN, logon alert) SMS | Email No chargeDeclined fee (insufficient funds)(5) R5,00

Returned cheque deposit R80,00

Notes:1. Fees shaded indicate that no charge will be levied on this transaction when the minimum monthly account balance of R15 000 is maintained

throughout the month.






Islamic Current Account Value Bundles This is a Shariah compliant cheque product based on a Qardh structure, and offers a transactional account vehicle that allows you to have an affordable Gold or Platinum Value Bundle pricing option. Bank from as little as R98,00 per month with a Value Bundle. With the Value Bundle pricing option we offer you a selection of transactions for a low monthly fee. When youve used all the transactions in your bundle, you will only pay Standard Fees per transaction as per the Pay-as-you-transact pricing table on page 43.

Transactions as allocated in your Value Bundle will roll over for one month if not used. You can get up to 30% discount on your monthly fee if you maintain a set positive balance in your account. Furthermore, if your spouse chooses to take up a Gold or Platinum Value Bundle he/she qualifies for a 50% discount on his/her monthly fee. Your Value Bundle includes monthly cash back into your account for having a Home Loan*, Credit Card* or Vehicle Finance* with Absa, dependent on the Value Bundle you are on.

Gold Value Bundle Platinum Value BundleMonthly feesMonthly service fees R98,00 R149,00Discounted monthly service fee: For maintaining a balance of:

- more than R10 000 = 10% discount; or- more than R20 000 = 20% discount; or- more than R30 000 = 30% discount

R88,20R78,40R68,60

R134,10R119,20R104,30

Monthly subscription fees Internet, Cellphone, Telephone Banking

No charge No charge

Priority Pass monthly fee (optional)(1) N/A R59,00Transactions includedAbsa ATM cash deposits Cash deposit: Absa ATM Cash deposit: Cash acceptor Cardless cash deposit: Cash acceptor

5 5

Absa ATM cash withdrawals Cash withdrawals Absa ATM

5 7

Debit Card purchases and withdrawals Debit and Cheque Card purchases Point of sale (POS) cash withdrawals

Unlimited Unlimited

Electronic account and beneficiary payments Account payments via Absa ATM, Internet, Cellphone,

Telephone (IVR) External debit orders

Unlimited Unlimited

Funds transfers and internal payments Funds transfers via Absa ATM, Internet, Cellphone,

Telephone (IVR) Internal debit orders Stop orders

Unlimited Unlimited

Electronic information enquiries Statement Absa ATM, Internet and Telephone (IVR) Balance enquiries Absa ATM, POS, Internet, Cellphone

and Telephone (IVR)

Unlimited Unlimited

Notification fee (SMS or email) No charge No chargeeStatement(2) No charge No chargeRoll-over of unutilised transactions(3) 1 month 1 month


Gold Value Bundle Platinum Value BundleCross-product benefitsCash back for your Credit Card R19,00 R41,00Cash back for your Home Loan(4) R15,00 R20,00Cash back for your Vehicle Finance R5,00 R5,00Additional featuresSpouse discount on monthly service fees 50% 50%Lump sum Takaful benefit R15 000 R20 000

Notes:1. The first five visits per annum via Priority Pass are included in the

monthly fee. Visits in excess of five will be charged at $33,00 per visit at the exchange rate on the day of billing.

Visit www.prioritypass.com for information on participating lounges. Please remember to keep a personal record of your visits, so you know when your free visits have been used as statements are not provided.

A fee of R80,00 will apply to Priority Pass card replacements. Priority Pass is for international and domestic lounge access.


3. Unutilised transactions for the current month will be added to the next months transaction limits (i.e. a Gold Value Bundle client who only uses 2 ATM withdrawals will have 8 ATM transactions in the subsequent month).

4. Joint home loans and home loans under the Usury Act are excluded.

Notes:The following Internet, Cellphone and Telephone Banking transactions will generate a separate fee (in addition to the monthly service fee) on Value Bundles: Archived statements Immediate interbank payments Notice of payments (fax, email and SMS) CashSend Tax certificates Stop payments of cheques and debit orders.

* Not Shariah compliant.

All other transactions not included in the above list or transactions done in excess of specific limits, will be charged at Pay-as-you-transact fees as applied on the Gold/Platinum Current Account as per pricing table on page 43.


Savings and InvestmentsTruSave, DepositorPlus, Club Account, Money Market FundStart saving for your future now with our range of savings and investment accounts. Absa Internet Banking clients can conveniently open a range of savings and investment accounts online without going into a branch. Keep your hard-earned savings in a savings or investment account to ensure you maximise your returns and keep control of your savings goals.

TruSave Depositor Plus Club AccountMonthly feesMonthly administration fee No charge No charge No chargeDepositsCheque deposit: Branch counter R16,00 R16,00 R16,00 Cheque deposit: Absa ATM No charge No charge N/ACash deposit: Branch counter R7,00 + R1,45/R100 R7,00 + R1,45/R100 R7,00 + R1,45/R100 Cash deposit: Absa ATM R3,00 + R1,30/R100

(first 4 ATM cash deposits free pm)

R3,00 + R1,30/R100

N/A

Cardless cash deposit: Cash acceptor R5,25 + R1,45/R100 R5,25 + R1,45/R100 R5,25 + R1,45/R100Cash withdrawalsBranch counter R40,00 + R1,50/R100

(max. R750)R40,00 + R1,50/R100(max. R750)

R40,00 + R1,50/R100(max. R750)

Absa ATM R6,95 + R1,30/R100(first 2 free pa)

R3,95 + R1,30/R100 N/A

Absa-supported ATM R9,95 + R1,30/R100 R6,95 + R1,30/R100 N/ASaswitch ATM R12,95 + R1,30/R100 R9,95 + R1,30/R100 N/AOverseas ATM(1) R50,00 R50,00 N/AAccount payments and funds transfers Account payments Absa ATM Branch counter

N/AN/A

N/AN/A

N/AR40,00


N/AN/AN/A

N/AN/AN/A


Funds transfers Absa ATM Branch counter

No chargeR40,00

No chargeR40,00

N/AR40,00

Balance enquiriesBranch counter R3,35 R3,35 R3,35Absa ATM R1,50 (first 2 free pm) R1,50 N/AAbsa-supported ATM R3,35 R3,35 N/ASaswitch ATM R4,00 R4,00 N/AStatement fees Branch counter full statement R16,00 R16,00 R16,00Absa ATM ministatement R4,00 (first 2 free pm) R4,00 N/AAbsa CAT terminal full statement R8,00 R8,00 N/AMailed statement R16,00 No charge R16,00eStatement(2) No charge No charge No charge



TruSave Depositor Plus Club AccountAdministration feesBank cheque R80,00 R80,00 R80,00Stop payment instruction R30,00 R30,00 R30,00Special clearance N/A N/A R80,00Debit Card replacement fee N/A N/A N/AOther feesNotification fee (SMS or email) R0,55 No charge No chargeDishonoured / returned payment(3) N/A N/A R36,00Declined fee (insufficient funds) Absa ATM Absa-supported ATM Saswitch ATM POS

R5,00R5,00R5,00N/A

R5,00R5,00R5,00N/A

N/AN/A N/A N/A

Returned cheque deposit R80,00 R80,00 R80,00



3. Increasing to R50,00 per transaction from the 4th occurrence within 12 months.


Money Market FundMonthly feesMonthly administration fee No chargeCommission All credits into account except for counter cash deposits 0,40%Deposits Cheque deposit: Branch counter Commission applicableCheque deposit: Absa ATM Commission applicableCash deposit: Branch counter R7,00 + R1,45/R100Cash deposit: Absa ATM Commission applicableCardless cash deposit: Cash acceptor Commission applicableCash withdrawals Branch counter(1) R40,00 + R1,50/R100 (max. R750)Absa ATM(1) R3,95 + R1,30/R100Absa-supported ATM R6,95 + R1,30/R100Saswitch ATM R9,95 + R1,30/R100Overseas ATM(2) R50,00Account payments and funds transfers Account payments Absa ATM Branch counter

N/AN/A


N/AN/AN/A


No chargeNo charge

Balance enquiriesBranch counter No chargeAbsa ATM No chargeAbsa-supported ATM R3,35Saswitch ATM R4,00Statement feesBranch counter full statement No chargeAbsa ATM ministatement No chargeAbsa CAT terminal full statement No chargeMailed statement No chargeeStatement(3) No chargeAdministration feesBank cheque(1) R80,00Stop payment instruction R30,00Special clearance No chargeDebit Card replacement fee R80,00


Money Market FundOther feesNotification fee (SMS or email) No chargeDishonoured / returned payment N/ADeclined fee (insufficient funds)(4) No chargeReturned cheque deposit R80,00

Notes:1. Provided a minimum balance of R100 000 is maintained in the account at all times the transactions indicated will be exempt from standard charges.





Credit Cards

Card type Transact Credit Gold Titanium PlatinumCredit Card R55,70 pm R28,70 pm R45,70 pm R55,70 pmAffinity Card N/A R28,70 pm N/A N/ASecondary Card No charge No charge No charge No charge

When used wisely, your Credit Card is actually cheaper to use than a Debit Card, as most of your purchase transactions are free. Its also smarter to use your Credit Card instead of using cash and heres why: You get up to 57 interest-free days on purchases, excluding

cash withdrawals, casino transactions, Internet Banking transfers, fuel purchases and budget plan purchases. This applies if all outstanding balances on the Credit Card account were fully paid by the due dates. Cash and Garage Card transactions are not included in the interest-free

period, as interest is charged from the date of transaction. Terms and conditions apply.

Avoid paying cash deposit fees when you transfer payments to your Credit Card using electronic channels (Internet, Cellphone or ATM).

Tip: Use your Credit Card for fuel purchases, as no transaction fees are charged when making fuel purchases with a Credit Card.

Credit CardsMonthly Fees


Purchases

Credit Card purchases No charge

Garage Card purchases R4,50

Deposits

Cheque deposit: Branch counter R16,00


Cash deposit: Branch counter R7,00 + 1,45% of deposit value

Cash deposit: Absa ATM R3,00 + R1,30/R100

Cash withdrawals

Branch counter (any local bank) R40,00 + R1,50/R100 (max. R750)

Absa ATM R3,95 + R1,30/R100

Absa-supported ATM R6,95 + R1,30/R100

Saswitch ATM R9,95 + R1,30/R100

Overseas ATM(1) R50,00

Account payments and funds transfers

Account payments Absa ATM Branch counter

R7,50R40,00


No chargeR40,00

Balance enquiries

Absa ATM R1,50

Absa-supported ATM R3,35

Saswitch ATM / Post Office terminal R4,00

Overseas ATM / POS R4,00


Credit CardsStatement fees and notifications

Absa ATM ministatement R4,00

SMS / email notifications R0,55

Other fees

Replacement / lost card administration fee(2) R115,00

Unpaid debit order / cheque fee R95,00

Invalid disputes fee domestic transactions R42,00

Invalid disputes fee international transactions R113,00

Duplicate statement fee R5,00 per request R1,00 per page (max. R50)

Same-day delivery R325,00

Bank cheque R80,00

Initiation fee R135,00

Load fee: Low-value payments (LVP) POS

Branch, ATM, Internet, Cellphone, Telephone

3,5% of deposit value (minimum charge of R1,50)2,5% of deposit value (minimum charge of R1,50)

Notes:1. A currency conversion fee of 2,75% (of the rand value of the transaction) applies to any transaction outside South Africa.

2. We may charge a replacement card fee or lost card administration fee at our own discretion.


Home LoansA Home Loan offers you flexible repayment terms so you can repay your loan over any term up to 30 years. You also get to choose from a range of interest rate options. Easy access means you can use the funds you have paid in advance in your Home Loan immediately with FlexiReserve.

At any time, you can choose to save interest by depositing an additional amount into your loan. As your property appreciates in value, you can also increase your loan amount to finance whatever you want.

Home LoansInitiation fees

All loans R5 700

Monthly service fees

MyHome clients(1) R37,62

All other agreements R57,00

Deposits

Cash deposit: Branch counter(2) R7,00 + R1,45/R100

Notes:1. MyHome client gross monthly income less than R18 600

(subject to change annually).

2. Fee applicable for all cash deposited in excess of the monthly repayment amount. Please note that ATM deposits, cheque deposits and electronic deposits are free of charge.

Early Settlement Interest Penalty interest will be levied on all Home Loans cancelled, where clients have failed to give Absa 90-day prior notice of the intention fo such closure, in accordance with the mortgage loan agreement.

In cases where a loan is closed in a period shorter than the full requirement of 90 days, the interest calculation will be reduced by such period (i.e. if a client gives notice 30 days before account closure, he or she will only be liable for the remaining 60-day period, i.e. 90 days less actual days notice given).


International BankingForeign exchange general information Whether your overseas trip is for business, pleasure or acombination thereof, Absa will help you with all your financialarrangements so that your trip is enjoyable and hassle-free.

Please note these important rules regarding foreign exchange The South African Reserve Bank sets an annual amount that adults, children and business representatives may take overseas. As the rules and limits change from time to time,please ask us about the latest allowances. In terms of current South African Exchange Control regulations, you may not be given your foreign exchange more than 60 days before you leave. You will only be given your travel allowance if you have a valid passenger ticket, e-ticket or electronic flight voucher in your name, for a journey commencing from South Africa.

You will require a valid passport and your green bar-coded identity document. Non-Absa customers are required to produce the necessary FICA* documentation.

Absas Foreign Exchange Desk deals in all major foreign currencies and is able to provide foreign currency for travel or transactional purposes, including: Foreign banknotes Multi-currency Cash PassportTM card Bank drafts and electronic funds transfers Western Union Money Transfer service An up-to-date listing of current exchange rates

Tip: Use an Absa Multi-currency Cash PassportTM card when travelling internationally. It is much safer and more convenient than carrying cash.

*Financial Intelligence Centre Act.

International BankingPurchase and sale of foreign banknotes

Purchase and sale of foreign banknotes 1,68% Minimum R115,00

Travellers cheques

Travellers cheques purchased 1,71% Minimum R130,00

Visa letter R60,00

Cash Passport

Sale of Cash Passport 1,65% Minimum R100

Once-off card activation fee: Multi-currency CardSecondary Card

R125,00 R50,00

Repurchase of Cash Passport (cash out) Free if original purchase was from Absa

Bank drafts

Sale of bank drafts 1,512% Minimum R181,50 Maximum R847,00

Transfer outwards

Telegraphic transfers outwards 0,462% Minimum R115,00 Maximum R603,75 Electronic cost R60,00

Transfer inwards

Inwards transfers received 0,462% Minimum R115,00 Maximum R603,75

Inwards pension payments Transaction value


Note: Tariffs contained herein for International Banking are quoted excluding VAT unless stated otherwise.

International BankingCash-handling feeCash-handling fee Transaction value under R50 000 Transaction value above R50 000

R250,00 (VAT incl.)R7,00 + 1,45% (VAT incl.) of the value of the cash exchanged for foreign currency


Prepaid Debit CardMonthly feesMonthly administration fee(1) No charge

Monthly subscription fees Internet, Cellphone, Telephone Banking N/A

Once-off card fee R40,00

Deposits(2)

Cheque deposit: Branch counter 2,5%

Cheque deposit: Absa ATM 2,5%

Cash deposit: Branch counter 2,5%

Cash deposit: Absa ATM 2,5%

Cardless cash deposit: Cash acceptor 2,5%

Cash withdrawals Branch counter No chargeAbsa ATM No chargePoint of sale (POS) No chargeAbsa-supported ATM No chargeSaswitch ATM / Post Office terminal R7,20Overseas ATM / POS N/A

Purchases Prepaid top-up at Absa ATM or POS No charge

Prepaid top-up at Internet, Cellphone, Telephone (IVR) N/A

POS local No charge

POS overseas N/A

Account payments and funds transfersCashSend Absa ATM No chargeBalance enquiriesBranch counter No charge

Absa ATM No charge

POS No charge

Absa-supported ATM No charge

Saswitch ATM No charge

Post Office terminal No charge

Statement feesAbsa ATM ministatement No chargeAbsa CAT terminal full statement No chargeBranch counter full statement No chargeMailed statement N/AeStatement N/A

Other offeringsPrepaid Debit Card The Prepaid Debit Card is a basic cash-in/cash-out account and is ideal for someone who only needs access to basic banking services such as deposits, cash withdrawals, debit card purchases and airtime top-ups. Debit orders and bill payments are restricted on the Prepaid Debit Card.


Prepaid Debit CardStatement feesCopies of statements (per statement) Less than 4 months old 4 months or older

R16,00R40,00

Administration fees

Bank cheque N/A

Reissue card fee(3) R40,00

Inactive fee (pm)(4) R10,00

Special clearance No charge

Debit Card replacement fee R80,00

Other fees

Notification fee (SMS or email) No charge

Declined fee (insufficient funds)(5) No charge

Returned cheque deposit No charge

Notes:1. A R10,00 administration fee will apply when the card expires and the client did not request the reissuing of a new card.

2. All credits to the Prepaid Debit Card Account will attract a fee of 2,5% of the value of the deposit amount, i.e. R2,50 for R100,00.

3. When a client requests a new card to replace the expired card, a reissue card fee will be charged.

4. A R10,00 inactive fee will apply per month if the card is not utilised for a 12-month period.



Pay-as-you-transactMonthly fees

Monthly account fee R33,00


Deposits

Cheque deposit: Branch counter R16,00


Cash deposit: Branch counter R7,00 + 1,45% of deposit value

Cash deposit: Absa ATM R3,00 + R1,30/R100 (or part thereof)

Cardless cash deposit: Cash acceptor R5,25 + 1,45% of deposit value

Cash withdrawals Branch counter R40,00 + R1,50/R100 (max. R750)

Absa ATM R3,95 + R1,30/R100

Point of sale (POS) R3,95

Absa-supported ATM R6,95 + R1,30/R100

Saswitch ATM R9,95 + R1,30/R100

Overseas ATM / POS(1) R50,00

Cheque encashment R40,00 + R1,50/R100 Plus cheque issued fee

Purchases

Prepaid top-up at Absa ATM, POS, Internet, Cellphone, Telephone (IVR) R1,05

POS local R3,85

POS overseas R9,75 + R0,75/R100 (max. R45)

Account payments and funds transfers Account payments Absa ATM, Internet, Cellphone, Telephone (IVR) Branch counter Telephone Adviser-assisted

R7,50R40,00R14,50


R11,00 + R1,30/R100 (max. R65)R18,00 + R1,30/R100 (max. R65)



Current Accounts Absa Current Account, Student Silver, Prosperity and Islamic Current Account Opening a current account is your first step towards building a solid credit history. With a current account you can choose to take up an overdraft facility and you have access to a range of pricing options to best suit your unique needs.

You have access to all our channels through which you can perform your daily banking, and some of our offers include the option of personalised service.

Standard Fee or Pay-as-you-transact With the Standard Fee or Pay-as-you-transact pricing option, you only pay for those transactions you use.


Pay-as-you-transactAccount payments and funds transfers



CashSend Absa ATM, Internet, Cellphone R7,90 + R1,30/R100Cheque issued(2) R40,00

Balance enquiries

Branch counter R3,35

Absa ATM R1,50

POS R1,00

Absa-supported ATM R3,35

Saswitch ATM / Post Office terminal R4,00

Overseas ATM / POS R4,00

Internet, Cellphone, Telephone (IVR) No charge

Telephone Adviser-assisted R3,35

Statement fees

Absa ATM ministatement R4,00

Absa CAT terminal full statement R8,00

Full statement: Branch counter R16,00

Mailed statement(3) R16,00

eStatement(4) No charge

Transaction history Enquiry Internet, Cellphone, Telephone (IVR)(5)


Archived statements / Tax certificate Internet R5,50 per statement

Copies of statements (per statement) Less than 4 months old 4 months or older

R16,00R40,00

Administration fees

Bank cheque / marked cheque R80,00

Stop payments Branch, Internet, Telephone Adviser-assisted R30,00Stop order establishment / amendment fee Branch, Internet, Telephone Adviser-assisted No chargeSpecial clearance R80,00

Debit Card replacement fee R80,00

Cheque Card replacement fee / new card fee R80,00



2. Only applicable to accounts that allow cheques to be issued.

3. For Prosperity and Student Silver, monthly mailed statements are free of charge.

4. Clients can register for eStatements by logging onto Internet Banking and clicking on the Portfolio menu bar and then on eStatements or via Telephone Banking or by sending their request to [email protected]


6. Overdraft ledger fees and unauthorised overdraft/excess fees will not be charged on Student Silver.




Pay-as-you-transactOther fees

Notification fee (SMS or email) R0,55

Overdraft ledger fee (pm)(6)

For the overdraft provision on your account:- Overdraft up to R250- Overdraft over R250

If your account goes into unauthorised overdraft / excess


Dishonoured / returned payment or RD chequeR36,00(7) (Absa Current Account) R60,00(8) (Student Silver, Prosperity, and Islamic Current Account)

Notice of payment (Internet, Cellphone, Telephone) SMS | Email | Fax R0,80 | R0,80 | R6,50

Internet Banking notifications (includes RVN, TVN, logon alert) SMS / Email No charge

Declined fee (insufficient funds)(9) R5,00

Returned cheque deposit R80,00


OneTouch The OneTouch Card is a prepaid card designed for use in the retail and transit environments for payments of low value and can be used for both contact and contactless transactions. The card allows for payments of goods and services at participating merchants displaying the MasterCard with PayPass and/or MasterCard Cash logos.

This is a convenient alternative to paying with cash and all the client has to do to make a contactless transaction is touch the card on a contactless card Point of sale (POS) reader for a transaction that happens in seconds with no PIN or signature required. If there is no contactless card reader the card can be used at any merchant displaying the MasterCard logo for contact transactions where PIN entry will be required.

OneTouchTransaction type Fee

Once-off card fee R30,00

Card replacement fee R30,00

Card reissue fee R30,00

Loads: Absa branch 2,5% of value loaded or minimum R1,50

Loads: Absa ATM 2,5% of value loaded or minimum R1,50

Loads: Absa Internet Banking 2,5% of value loaded or minimum R1,50

Loads: Absa Cellphone Banking 2,5% of value loaded or minimum R1,50

Loads: Absa Telephone Banking 2,5% of value loaded or minimum R1,50

Load: Participating merchants and enabled transit partners 3,5% of value loaded or minimum R1,50

Loading of transit products (at supported transit partners) No charge

Monthly administration fee after card expiry R10,00

POS local No charge

Balance enquiries No charge

Statement fees No charge

Declined fee (insufficient funds) No charge

Notes: If a load is done by transferring funds from an account, the load fees will be applied to the account being transferred from. If a load is done with cash, the load fee will be deducted from the value being loaded and only the difference made available on your card. A R10,00 administration fee will apply when the card expires and the client did not request the reissuing of a new card. When a client requests a new card to replace the expired card, a reissue card fee will be charged.


Safe custody

Cellphone Banking Lite

Safe custodyTransaction type Fee

Initiation fee R350,00

Accessing items stored in safe custody R15,50

Absa lockers(1) Minimum R1 000Maximum R2 720

Envelope safe custody R240,00

Fixed fee (items stored in safe excluding informal security) R1 000

Cellphone Banking Lite (*120*2272#)Transaction Type Fee

Monthly fees No charge

CashSend R7,90 + R1,30/R100

Prepaid top-up R1,05

Balance enquiries R0,55

Statement enquiries R0,55 Ministatement via SMS

Note:1. These fees are paid annually in advance in January.


Where can I enquire about the pricing applicable to my account?

You can view the pricing applicable to your account in this pricing guide or on the Absa website (absa.co.za). You can also contact the Absa Price Line on 08600 08600 where we will explain specific fees and the various pricing options available to you.

What is a debit order?

An authorisation (mandate) that a client gives to a third party that allows the third party to automatically collect money from his/her bank account. Remember that clients can also use bill or beneficiary payments to pay their bills. Clients who choose to use debit orders should make sure that there is enough money in their account to cover the debit order.

What is an internal or external debit order/stop order?

Debit orders/stop orders can either be internal or external.An internal debit order or stop order refers to an amount paidfrom one Absa account to another specific Absa account, e.g. payments for Absa Home Loans, Vehicle and Asset Finance, Credit Cards or Absa insurance. An external debit order or stop order refers to an amount that is automatically deducted from an Absa account and paid over to another non-specific Absa account.

What is the difference between funds transfers and bill payments?

An electronic funds transfer enables you to transfer moneybetween accounts linked to your portfolio. For example, this transaction enables you to transfer money between your current account and savings account. A bill or beneficiary payment is a transaction used to pay a utility bill or beneficiary whose account is not linked to your portfolio of accounts (i.e. you would pay school fees, an electricity bill or rent using a bill or beneficiary payment transaction).

What is a Debit Card?

A card that enables a client to pay money directly from his/her account when paying for goods or services at retailers who display the MasterCard/Visa signs. What is MasterCard/Visa Point of Sale?

MasterCard/Visa are the electronic payment networks that allow clients to use their ATM card as a Debit Card at participating retailers who display the MasterCard/Visa signs.

You must have either a Visa or a MasterCard Debit Card. You would use this to make Debit Card purchases.

What is electronic banking?

Banking conducted via the telephone, cellphone, an ATM or the internet. Clients require the use of a PIN to access their accounts using these channels.

What is a PIN?

A unique Personal Identification Number (PIN) that allows clients to access their accounts via the telephone, cellphone, an ATM or the internet.

What is an Absa-supported ATM?

These ATMs are supported by Absa and are dual-branded,i.e. Absa/Cash Express. Withdrawals made from these ATMsattract higher charges, but lower than Saswitch machines.

How can I avoid rejected debit order fees?

Always ensure that you have sufficient money in your account to fund your debit order or stop order payments. Subscribe to Absas NotifyMe service to keep informed of all scheduledtransactions that are performed on your account. Arrange for your payments to be paid as close to the date of your salary/wage deposit to your account. Allow a day or two delay just in case your salary/wage deposit is late. Remember, you have the right to choose the date of the debit order that suits you. If you find a debit order deduction is incorrect, you must immediately inform Absa and the company/retailer involved, in writing, that you are querying the transaction. This must be done in writing within 40 days of the error. To stop a debit order you must notify the company involved and Absa in writing. It is your responsibility to ensure that the company concerned does not deduct the next debit order amount. It is also recommended that you place a stop payment on the debit order with Absa.

Why should I opt for eStatements?

No charges are applicable for eStatements. Convert to eStatements and save on fees. You can register for eStatements by logging on to Internet Banking and clicking on the Portfolio menu bar and then on eStatements, or via Telephone Banking or by sending your request to [email protected]

Frequently asked questionsFor any other questions, please call 08600 08600, visit your nearest Absa branch or go to absa.co.za

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